Decision Diagnostics Corp (DECN)

[IPwatcher]

Nobody, including the attorneys, has yet successfully "reigned in" CEO Keith Berman. I don't think it happened with the 8000 word Brief. Berman's ego won't allow being "reigned in", which seem

Rules? This is Keith Berman we are talking about? In front of a judge, as well!

So on that basis I was going to go with 9100 words, before he is cut off mid stream and dragged away kicking and screaming at the injustice of it!

But on reflection... I am revising that:

Zero

My wager... nothing will be filed, and the suspension will be upheld by default.
Or else ... better yet... Berman will play for time and submit a request for an extension. (And then file nothing and let the suspension will be upheld by default!)
Because its pretty hard to see what possible response Berman could file without digging the hole even deeper!?

And I think its possible the real purpose of the 550 notice was not to get the suspension overturned at all (madness! This was an prima facie case of guilty as hell!). But it may have been an attempt by Berman to try and smoke out how much the SEC really knew about his dodgy little wheezes, to help him try and work out how much of the brown stuff he might actually be in, and to help him gauge how far he could still push it before cutting and running.
All the while playing the victim to the gallery so as to keep the marks sweet while the last of the bags were being emptied.
With that logic, sloping off defiantly, claiming the SEC was now a distraction from 'the real work' of launching Genviro, and putting in the OIG complaint as a way of claiming to have struck a blow against the SEC (despite having done no such thing) and calling it a 'score draw' will be the narrative.
With the added bonus that DECN can now sit in the regulatory wilderness no mans land of the 'greys', where Berman can print as many shares as he likes, so long as there remains a supply of willing victims to hoover them up, free from the light touch but still all too onerous regulatory oversight required to actually trade on the pink sheets.

Unless and until the SEC/ Finra strikes back, that is!